Lucky Block Price Prediction- April 10
The LBLOCKUSD price is likely to break up at the $0.0000940 level soon. Additional losses for the coin would result in a clear breach below the $0.0000292 low level. To refute any bearish argument, a daily candlestick above the specified supply level would be necessary. Thus, an upward trend shift can be achieved if buyers can exert more effort in their tension within the market.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD‘s price is attempting the next breakup at the $0.0000940 level to resume its uptick trend in its long-term view. The coin price is below the supply level struggling to rise upwards at the moment.
The bearish pressure on the coin to a $0.0000292 support value in the last session is the reason for its bearishness in its recent price level.
Today, the Lucky Block reversal to a $0.0000310 high value below the supply trend levels might break the previous high level at $0.0000940 if the bulls could strengthen their buying forces in the market. However, with this current trend, buyers can pick up the crypto at a lower rate and look for more gains ahead.
In a like manner, LBLOCKUSD is likely going to break up at the previous high of $0.0000940 soon and face the upsides as the market is pointing upwards at the oversold region of the daily stochastic; it means that the selling pressure has ended.
This will compel the buy traders to continue with the uptick uptrend and may likely break up the $0.0000940 supply level soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The cryptocurrency is in a bearish move in its medium-term outlook. The coin price is slightly below the EMA-50, confirming its bearishness.
The bears’ pressure to the $0.0000292 support level during the last session has enhanced the coin price to stay below the supply levels in its recent times.
The formation of a bullish candle at the $0.0000310 resistance level below the EMA-50 as the 4-hourly chart opens today affirms the bullish presence in the market and also suggests the potential for a bullish increase.
Meanwhile, the current price at the $0.000310 supply value may break the $0.0000515 level resisting the start of another bear cycle.
In addition, the daily stochastic indicates that the LBLOCKUSD pair has the potential to break up the $0.0000515 high level by pointing upwards on the daily signal.
This suggests that the price of Lucky Block may likely continue its rising pattern which may eventually lead the crypto price to hit the $0.0001200 high mark in the coming days in its medium-term perspective.
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